The markets saw some heavy selling this past week where we saw a lot of volatility in the after-hours/pre-markets which led to a week full of gaps and a sharp sell-off in oil punctuating the downward price action.

Note all the NA indices are both now below their quarterly opens and set up the potential for more selling.

Shortened holiday week due to Memorial Day but trade talks, earnings, and a potential tech war will be the focus for the coming week.

In this week’s video, we look at the technical outlook for the VXXB SPY QQQ IWM DIA TLT BTCUSD TOTAL UKOIL EEM CBOE ETFC CRZO GS AMAT and a review of the sectors for the week of May 27 – 31, 2019.

ABOUT ME

My name is Houston Truong. I'm full-time independent North American equities, options, and cryptocurrency trader and have been trading for the past for 12 years. I coach traders around the world about the intersection between trading, peak performance, and psychology. I am also the founder of the Montreal Traders Meetup group.